Ridgewood, NY
Commercial Real Estate Market Trends & Data

$637 Avg asking sale price
$51 Avg asking lease rate
8,575 SF Avg unit lease size
9,710 SF Avg building size for sale
6.53% Average cap rate

Ridgewood's Demographic Profile

Ridgewood has 20,233 households and a median income of $73,742, providing context for rent absorption and tenant demand across retail and multifamily assets. A -9% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 56,238
# Households 20,233
Median age 37
Median household income $73,742
Avg household size 3.0
Renter-occupied housing units 16,605
5-year population change -9%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Ridgewood, NY

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Ridgewood $474 17,287 SF 8.90%
Glendale $647 14,925 SF 8.90%
Woodhaven $801 4,767 SF 5.52%
Middle Village $499 2,906 SF 8.90%
Jamaica $535 9,686 SF 20.50%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Glendale $522 19,819 SF 6.45%
Middle Village $399 23,782 SF 6.45%
Jamaica $541 18,411 SF 20.50%
Nearby Retail Markets Avg Cost/SF Typical Size
Ridgewood $508 9,353 SF
Glendale $609 6,989 SF
Woodhaven $557 8,410 SF
Middle Village $662 7,553 SF
Jamaica $665 8,762 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Ridgewood $567 7,956 SF 7.42%
Glendale $792 5,255 SF 7.42%
Woodhaven $389 8,336 SF 10.04%
Middle Village $583 8,364 SF 7.42%
Jamaica $462 8,577 SF 9.64%

Commercial Properties For Sale in Ridgewood

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

4-70 Fairview Avenue, Ridgewood

Ridgewood, NY 11385

  • 2,200 SF Multifamily
  • $1,400,000
For Sale

19-37 Greene Avenue, Ridgewood

Ridgewood, NY 11385

  • 2,356 SF Multifamily
  • $1,400,000
For Sale

71-06 Fresh Pond Rd

Ridgewood, NY 11385

  • 3,300 SF Multifamily
  • $1,775,000
For Sale

430 Bleecker St & 16-65 Palmetto St

  • 6.25% Cap Rate
  • $2,975,000
For Sale

57-38 Myrtle Ave

Ridgewood, NY 11385

  • 3,750 SF Retail Building
  • $1,675,000
For Sale

Well-maintained 4-Family w/ Backyard in Glend

Glendale, NY 11385

  • 3,000 SF Multifamily
  • $1,599,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Ridgewood pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Ridgewood $637 9,710 SF
Glendale $676 11,231 SF
Woodhaven $767 9,710 SF
Middle Village $592 10,900 SF
Jamaica $587 12,274 SF

Multifamily Properties For Sale in Ridgewood

For Sale

411 Himrod St. & 1719 Woodbine St. Sale

  • 6.50% Cap Rate
  • $2,695,000
For Sale

Ridgewood Mix Used

Ridgewood, NY 11385

  • 7,260 SF Multifamily
  • 6.62% Cap Rate
  • $3,500,000
For Sale

137 Wyckoff Ave

Brooklyn, NY 11237

  • 7,500 SF Multifamily
  • $4,700,000
For Sale

Essex Court

Ridgewood, NY 11385

  • 15,200 SF Multifamily
  • 7.27% Cap Rate
  • $2,800,000
For Sale

Multi-Family

Ridgewood, NY 11385

  • 3,960 SF Multifamily
  • 6.75% Cap Rate
  • $1,999,000
For Sale

311 St Nicholas Ave

Ridgewood, NY 11385

  • 32,428 SF Multifamily
  • $589,000

Regional Demographic Comparison

This comparison places Ridgewood alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Ridgewood or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Ridgewood 56,238 20,233 37 $73,742 3 16,605 -9%
Glendale 27,880 9,818 41 $83,345 3 5,551 -11%
Woodhaven 34,169 10,021 41 $77,677 3 5,310 -11%
Middle Village 31,944 11,887 46 $87,852 3 5,498 -9%
Jamaica 682,095 213,532 42 $79,322 3 106,710 -8%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Ridgewood, NY and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Ridgewood

View All Commercial Real Estate For Sale in Ridgewood
Is Ridgewood a good market for a first-time commercial real estate investor?

Ridgewood offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Ridgewood?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Ridgewood. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Ridgewood?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Ridgewood. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Ridgewood compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Ridgewood. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Ridgewood acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Ridgewood, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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